The bull's case has been that the emerging market growth will more than make up for stagnant growth in the developed world. Data coming ...

Business Week details: In the U.S., public borrowings passed $13 trillion for the first time this month, according to the Treasury Departme...

Whereas emerging markets are broadly setting new peaks of economic activity (i.e. real GDP levels), the developed world continues to sit bel...

I wonder if this is the consumer taking advantage of low rates and locking them in for a longer period, but a definite divergence between re...

The Big Picture details the huge issue with bailouts of the largest financial institutions: One of the most compelling factors was the horr...

Jumping off the world wide web early this week... everyone enjoy the weekend. Investing What is an Investment in Hedge Funds? Show Me th...

Posting this from 20,000+ feet. Gotta love technology. RTT News details the latest employment report: The report showed that non-farm payro...

With the equity market selling off broadly in May, it should come as no surprise that hedge funds also underperformed across the board... Wh...

What businesses are saying (per the ISM ): "Our business continues to grow. We are significantly above last year's pace." (In...

After looking at historical equity and bond data (going back to 1871) for my equity valuation analysis posts, I was reminded of the followi...

The Good (per the AP ): Americans shrugged off fewer discounts and a scary stock market plunge last month, snapping up new automobiles and ...

Following my post Equity Valuation Matters , I received a request to show the results in real terms (presented here ). As I said then: Ple...

Yesterday we took a look at the (lack of) employment among teens ... today we look at employment of their parents. The BLS reports: Forty-f...

We have a new milestone to watch... the Barclays Capital Aggregate Bond Index (i.e. the most popular US dollar fixed income benchmark) close...

ISM details what respondents are saying: "Tight supply conditions exist for electronic components." (Computer & Electronic Pr...

The WSJ reports: The euro zone's unemployment rate rose to its highest level for almost 12 years in April, while growth in manufacturin...

Calculated Risk details 'Few Jobs for Students this Summer': For summer jobs, this will probably be the worst year since the Great D...

Economic Data GDP Revised Slightly Down to 3% in Q1 Not Sustainable - Part II New Home Sales Jump... Test Comes Next Month Durable Goods Ord...

Following my post Equity Valuation Matters , I received a request to show the results in real terms. Here you go... Please note this still m...

My Not Sustainable post from last month involved the same inputs; compensation (not to be confused with total income) and consumption. Note...

Amazing how less volatile things seem when they are moving in the "correct" direction. Source: Finance

Marketwatch details: The U.S. economy grew at a 3.0% pace in the first quarter - lower than the 3.2% previously reported - owing mainly to ...

Step 1) Take the S&P 500 Index (lots of data here ) and divide that level by the current level of nominal GDP (you can find that here )...

The Washington Post details: New homes sales surged last month as home buyers rushed to take advantage of a government tax credit that has ...

The WSJ reports: Long-lasting goods orders in April rose above expectations, primarily pushed forward by a huge surge in civilian airplanes...

Paul Krugman points out that no matter how much some things have changed, Ten Year Treasury rates (though noisy) have remained the same (no...

Calculated Risk details that according to the CBO , stimulus (i.e. the American Recovery and Reinvestment Act " ARRA ") raised GD...

LA Times reports: “The housing market may be in better shape than this time last year, but, when you look at recent trends there are signs ...

Just getting to some posting, as I took the day off (planned for a few weeks). As today just happened to coincide with the nicest day of the...

Diversifying across risk assets doesn't work when systemic crisis shift correlations to one. Source: Yahoo

As of this post, Dow futures are off big . You know what that means? Break out the whistles and confetti.... Dow 10,000!!! Not as much fun g...

Bloomberg details: Corporate bond sales are poised for their worst month in a decade, while relative yields are rising at the fastest pace ...

Global Economy Major Players Still Buying Treasuries France and the PIIGS It Isn't Always a Liquidity Problem Economic Data Leadi...

Source: Bloomberg

Okay, perhaps an exaggeration, but it sure felt that way today. A severe sell-off across all assets, with the exception of Treasuries (stron...

With everything else going on in the world, the markets did not take the following well. Daily Markets details: Thursday morning, the Confe...

As of 8:30 AM... Source: Yahoo

After the Moody's/REAL Commercial Property Price Index appeared to be bottoming in January, EconomPic stated: So have we hit a bottom? ...

Recap in brief... Squeezed Euro (though I personally think a further rebound is possible) Oversold financial rebound (see GS ) Continued fli...

Marketwatch reports: Consumer prices in the United States fell 0.1% on a seasonally adjusted basis in April as energy, housing, auto and ap...

Automated Trader details: Producer prices ticked down 0.1% in April, under forecasts of a 0.1% rise and following a 0.7% increase in March....

My take? The issue will be containing this run up in inflation, but it is an easier task dealing with moderate (for now) inflation than disi...

The AP reports: The Treasury Department said Monday it will lose $1.6 billion on a loan made to Chrysler in early 2009. Taxpayer losses from...